Francisco is a reader in Finance at Cass Business School, having joined in January 2019. Prior he was an assistant professor in Finance at Erasmus University. He does research in corporate finance and corporate governance, with an emphasis on ownership concentration and its consequences. He holds a PhD from Tilburg University.
- PhD in Finance, Tilburg University, Netherlands
- MSc in Accounting and Finance, London School of Economics and Political Science, United Kingdom
- BA in Business and Economics, Pontifical Catholic University of Chile, Chile
- Reader in Finance, Cass Business School, Jan 2019 – present
- Assistant professor, Erasmus University Rotterdam, Sep 2013 – Dec 2018
Dutch; Flemish and Spanish - Latin American.
- Americas - South
Journal articles (10)
- Larrain, B., Sertsios, G. and Urzúa I, F. (2019). The Effects of Losing a Business Group Affiliation. The Review of Financial Studies, 32(8), pp. 3036–3074. doi:10.1093/rfs/hhy120.
- Larrain, B., Tapia, M. and Urzúa I., F. (2017). Investor protection and corporate control. Journal of Corporate Finance, 47, pp. 174–190. doi:10.1016/j.jcorpfin.2017.09.002.
- Larrain, B. and Urzúa I., F. (2016). Do Business Groups Change With Market Development? Journal of Economics & Management Strategy, 25(3), pp. 750–784. doi:10.1111/jems.12165.
- Buchuk, D., Larrain, B., Muñoz, F. and Urzúa I., F. (2014). The internal capital markets of business groups: Evidence from intra-group loans. Journal of Financial Economics, 112(2), pp. 190–212. doi:10.1016/j.jfineco.2014.01.003.
- Larrain, B. and Urzúa I., F. (2013). Controlling shareholders and market timing in share issuance. Journal of Financial Economics, 109(3), pp. 661–681. doi:10.1016/j.jfineco.2013.03.013.
- Donelli, M., Larrain, B. and Francisco Urzúa, I. (2013). Ownership Dynamics with Large Shareholders: An Empirical Analysis. Journal of Financial and Quantitative Analysis, 48(2), pp. 579–609. doi:10.1017/s0022109013000173.
- Urzúa I., F. (2009). Too few dividends? Groups' tunneling through chair and board compensation. Journal of Corporate Finance, 15(2), pp. 245–256. doi:10.1016/j.jcorpfin.2008.11.002.
- Lefort, F. and Urzúa, F. (2008). Board independence, firm performance and ownership concentration: Evidence from Chile. Journal of Business Research, 61(6), pp. 615–622. doi:10.1016/j.jbusres.2007.06.036.
- Urzua, F., Gonzalez, F. and Prem, M. The Privatization Origins of Political Corporations: Evidence from the Pinochet Regime. The Journal of Economic History.
- Urzua, F., Buchuk, D., Larrain, B. and Prem, M. How Do Internal Capital Markets Work? Evidence
from the Great Recession. Review of Finance.